Due diligence certificate confirming issuer and intermediaries are market eligible and disclosure and compliance obligations met prior to issue. This Due Diligence Certificate format requires confirmation that the issuer, promoters and directors are not prohibited from accessing the capital market and that intermediaries are not debarred; that all material disclosures have been made and any material developments until listing will be publicised in the same newspapers used for pre issue notices; that the offer document contains required regulatory disclosures; and that statutory provisions and regulatory guidelines have been complied with, with lead merchant bankers confirming that comments and complaints on the draft offer document have been addressed.
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Provisions expressly mentioned in the judgment/order text.
Due diligence certificate confirming issuer and intermediaries are market eligible and disclosure and compliance obligations met prior to issue.
This Due Diligence Certificate format requires confirmation that the issuer, promoters and directors are not prohibited from accessing the capital market and that intermediaries are not debarred; that all material disclosures have been made and any material developments until listing will be publicised in the same newspapers used for pre issue notices; that the offer document contains required regulatory disclosures; and that statutory provisions and regulatory guidelines have been complied with, with lead merchant bankers confirming that comments and complaints on the draft offer document have been addressed.
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